Saturday, December 1, 2012

Festive cheer bypasses car market this November

Festive cheer bypasses car market this November


Festive cheer bypasses car market this November

Posted: 01 Dec 2012 03:32 PM PST

Slowdown pressures clearly weigh heavy on car sales as the festive cheer failed to add much fervour to demand in November, dampened by high interest rates and uncertain economic climate.


France won't nationalize Mittal plant

Posted: 01 Dec 2012 01:59 PM PST

In a deal that averts nationalization of its Florange plant, ArcelorMittal has committed to the socialist French government it will not lay off any worker at the steel facility and make a fresh investment of $233.6 million.


Salaries up 10% for this year’s IIT placements

Posted: 01 Dec 2012 01:10 PM PST

Companies like Facebook, Samsung and Google and other foreign majors began Day One of recruitments across IIT campuses, offering about 5-10% higher salaries than last year.


HMT plans Rs 3,000 cr sales in 5 yrs

Posted: 01 Dec 2012 05:35 AM PST

The company has also sought Rs 450 crore package for debt restructuring and infusing money for capital expenditure from the Centre.


Tata Motors sales down over 13% in November

Posted: 01 Dec 2012 03:54 AM PST

The total passenger vehicle sales in the domestic market stood at 18,031 units in November, down 34.99 per cent from 27,735 units in the same month last year.


Sensex may hit 20,800 by Dec 2013: Citigroup

Posted: 30 Nov 2012 11:31 PM PST

India in 2013 will be cacophonous; a mix of politics, impending elections, reforms and economic revival expectations, Citigroup said in report.


Maruti's November sales jump 12%

Posted: 30 Nov 2012 10:38 PM PST

The country's largest car maker Maruti Suzuki India (MSI) on Saturday reported 12.45 per cent increase in its total sales at 1,03,200 units in November.


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